Microsoft Dynamics NAV is an ERP solution for small and medium-sized businesses. Formerly named Dynamics 365 Business Central, it got acquired and is now being developed by Microsoft. It is an easily adaptable solution that has been adopted by thousands of companies from various industries across the globe. It is a scalable solution that enables businesses to take on new opportunities.
Financial management and controlling tools enable organisations to effectively carry out their finance operations and monitor their financial health. It makes charting accounts, budgeting and managing cash flow easy.
This module covers all warehousing and supplies processes and offers advanced technology to optimize performance and reduce costs, whereby facilitating smooth communication and collaboration across departments.
The Sales and Marketing module is equipped to manage and segmentize contacts based on pre-decided criteria. Information is stored in Microsoft Outlook and synced with Microsoft Dynamics NAV, empowers sales teams.
It makes managing on-going projects and planning new ones easy by enabling comparisons and costing to be done in the most effective manner. Project managers can track performance with data, reports and alerts.
Microsoft NAV allows flexible deployment options, as it can be done in the cloud or on-premises. The process is fast and requires minimal setup time.
The Dynamics NAV Power BI creates insightful charts and reports that can be leveraged by the stakeholders to make more informed decisions.It offers real time and meaningful data that can easily be interpreted.
This functionality is web-based and responsible for ensuring the system updates currency rates automatically, without any manual intervention. This enhances the accuracy of exchange rates and helps save time.
It makes tax management an easy process, generating real time and accurate tax amounts. Tracking and alerts allow companies to manage tax details with ease. It simplifies invoicing and automates the process of filing returns.
The HR module can handle all employee information, including information such as formal qualifications and attendance records. It enables you to store employee contracts and related information in electric form on employee cards.
Dynamics NAV works just like Microsoft Office tools that you already use; facilitating seamless integration with tools like Outlook, Work and Excel to help simplify and carry out tasks effectively. It offers a secure and consistent experience across different platforms and devices; enabling you to work from anywhere, at anytime.
It provides you with a holistic view of the entire organisation to facilitate expert decision making by generating timely reports that are analysed against set benchmarks. The business intelligence module generates information with excellent reporting capabilities, intricate and detailed business analytics. It provides detailed and real time reports enabling speedy and accurate decision making. The combination of Microsoft Dynamics NAV with RFID technology enables delivery of value-added services with minimal effort.
Dynamics NAV is equipped to automate business processes across the entire organisation, employing advanced technology to help optimize key processes. This technology-driven strategy automates business processes that enables companies accomplish goals at minimum cost and in a shorter time. With the introduction of robust processes, it facilitates streamlining of individual activities and ensure resources are put to their optimal use.
Dynamics NAV a highly adaptable solution that can easily be customized as per the needs of the enterprise. It utilizes existing Microsoft tools that users are familiar with. The centralized data store enables smooth and fast communication across the entire organisation so that effective decisions on costs, inventories, workloads and financial returns can be made. The data collected can be used to easily communicate not with just internal stakeholders but also external parties.
Microsoft Dynamics Navision is equipped to meet the needs of any industry. With the help of our experts, you can realize its full potential for your specific industry. We have quite a diverse portfolio of companies belonging to different industries. Some of the industries we’ve worked in are given below:
Food and Agriculture
Transport and Logistics
Wholesale and Distribution
The price of Dynamics NAV is determined after considering your specific functionality needs, the number and type of users that will access the system, the need for implementation support and the installation option you pick.
It started in Denmark in 1983, when a software company, PC&C A/S later changing to Navision Software A/S, developed a user-friendly IT-solution; offering basic accounting functionalities to a single user. Eventually, Navision expanded to include multiple users and cover a number of processes and departments.
Microsoft cooperated with Navision Software A/S for some years, whereby eventually acquiring the software company and the ERP-system in 2002. After becoming a part of Microsoft Business Solutions, Navision was named Microsoft Navision. This enabled Microsoft to offer the ERP-system to small and medium-sized businesses.
SharePoint technology was used in this period to develop and support cooperation between employees, partners and customers. In 2005 Navision technology’s name was changed to Microsoft Dynamics NAV. Different versions under the same name were introduced, with added functionalities and technologies focusing on Business Intelligence, Supply Chain Management and Finance.
13 years after that, in 2018, the latest version of Dynamics NAV was introduced.
By October 2018, Dynamics NAV was then included in the Microsoft Dynamics 365 universe, running under the name Microsoft Dynamics 365 Business Central.
Dynamics 365 Business Central offers a plethora of new features, including an enhanced user interface, upgraded Excel integration and better compliance with the General Personal Data Regulation (GDPR).
Folio3 offers out-of-the-box solutions that can easily and quickly be implemented, eliminating the need for back-end maintenance altogether. The solutions can be built upon by adding further add-ons to improve processes such as payments and shipping. We offer native support for all the business models. An all-in-one business management solution, Dynamics NAV can be deployed on-premises or in the cloud depending on your business needs. It offers a modern user experience and enhanced adaptability. A seamless upgrade of the cloud-based Business Central solution, Dynamics NAV provides unparalleled functionality.